Red Cat Holdings Inc (RCAT)

[BooDog]

Earnings Strength is POSITIVE
Ford's earnings momentum measures the acceleration or deceleration in trailing 12 month operating earnings per share growth. The upward curvature of the plotted points in the graph on the right indicates that while Red Cat Holdings Inc.'s earnings have declined to an estimated
$-0.15 from $-0.13 over the past 5 quarters, they have shown acceleration in quarterly growth rates when adjusted for the volatility of earnings. This indicates an improvement in future earnings growth may occur.

Nearly 40 years of research have shown that the change in the growth of earnings per share is an important factor that drives stock price performance. Ford measures earnings momentum and analysts' forecast changes to get an early indication of changing earnings patterns.
Estimate data for Red Cat Holdings Inc. is not available. However, the lack of analyst forecast changes and a comparison of reported versus expected earnings does not inhibit our ability to assess RCAT's earnings strength. As a matter of fact, our research has shown that our earnings
momentum measure is a strong indicator of stock price performance in companies with little or no analyst coverage.

This is just an excerpt of Ford Equity's research report.

I'd like to see some real production and real revenue start moving this ticker in the right direction. Maybe a $5 target this year or next.